Vietnam Macro Thought Piece - EVFTA to enhance Vietnam’s position in global trade
  • 2020-05-28T18:58:57
  • Macroeconomics
After eight years of negotiation and revision, Vietnam’s National Assembly is expected to give its consent to ratify the EU-Vietnam Free Trade Agreement (EVFTA) and EU-Vietnam Investment Protection Agreement (EVIPA) at its current meeting that will conclude in June 2020. As the EU is one of Vietnam’s largest trade partners —accounting for 16% of the country’s exports in 2019 (ranking second after the US) and 6% of imports (ranking fourth) — the EVFTA will create a historic trade and investment r